Former US President Donald Trump will unveil TRUTH Social, a social media program that he claims would "stand up to Big Tech" firms like Twitter and Facebook, which have prohibited him from using their platforms.

According to a press statement published by both companies, TRUTH Social will be founded by a merger of the Trump Media and Technology Group and a special acquisition company (SPAC).

“We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced. This is unacceptable,” Trump said in a written statement included in the release.

“I am excited to send out my first TRUTH on TRUTH Social very soon. TMTG was founded with a mission to give a voice to all. I’m excited to soon begin sharing my thoughts on TRUTH Social and to fight back against Big Tech,” he said.

According to the news release, the social network is the first of three stages in the company's plans, with a beta launch next month and a full launch in the first quarter of 2022. The social network will be followed by a subscription video-on-demand service called TMTG+, which will include entertainment, news, and podcasts.